{"id":6886,"date":"2021-09-28T02:41:28","date_gmt":"2021-09-27T16:41:28","guid":{"rendered":"https:\/\/flippa.com\/blog\/?p=6886"},"modified":"2021-09-28T02:47:42","modified_gmt":"2021-09-27T16:47:42","slug":"featured-listing-confidential-3","status":"publish","type":"post","link":"https:\/\/flippa.com\/blog\/featured-listing-confidential-3\/","title":{"rendered":"Featured Listing: CONFIDENTIAL"},"content":{"rendered":"<p><\/p>\n<p class=\"is-layout-flex wp-block-buttons-is-layout-flex\"><\/p>\n<a href=\"https:\/\/flippa.com\/10951045-shopify-dropshipping-business-my-friend-started-in-nov-2020-he-was-losing-money-and-wanted-to-quit-i-took-over-in-june-2021-read-specs-below\">VIEW THE LISTING ON FLIPPA<\/a>\n<p><\/p>\n<p><\/p>\n<p><strong>Tell us a little about yourself. What\u2019s your background? How did you start the business?<\/strong><\/p>\n<p>This is a general <a href=\"#\">dropshipping store<\/a> started by my friend back in Nov 2020, I took over starting in June 2021 because the store was not making money and my friend wanted to quit. In just 3 months I was able to make more revenue than my friend did in 7 months.<\/p>\n<p><\/p>\n<p><\/p>\n<p><strong>As an e-Commerce business, where are your products made?<\/strong><\/p>\n<p><\/p>\nChina.\n<p><\/p>\n<p><\/p>\n<p><strong>How have you marketed the product and where are your customers originating from?<\/strong><\/p>\n<p>I\u2019ve used FB ads, US, CA, AU, NZ and UK.<\/p>\n<p><\/p>\n<p><\/p>\n<p><strong>Is the asset on your listing owner-operated, how much time does it take to run the business, who else is needed on the team, and what is automated?<\/strong><\/p>\n<p><\/p>\n<p>The store is 95% automated, the owner will work closely with a private agent. Typically only needs to spend less than 1 hour per day just to fulfil the orders.<\/p>\n<p><\/p>\n<p><strong>What does someone need to do to continue operating the business in its current form?<\/strong><\/p>\n<p><\/p>\n<p>Export previous days orders<br \/>Upload to google drive<br \/>Pay agent<br \/>Upload tracking numbers<\/p>\n<p><\/p>\n<p><strong>Can you list a few opportunities for a potential new owner to continue growing the business?<\/strong><\/p>\n<p>Look into Google Ads<br \/>Find complementary products to increase AOV<br \/>Send out weekly emails to existing customer<\/p>\n<p><\/p>\n<p><strong>What has been the evolution of this asset since its launch?<\/strong><\/p>\n<p><\/p>\n<p>Ad creatives.<\/p>\n<p><\/p>\n<p><strong>How does this business make money? What are the current revenue streams?<\/strong><\/p>\n<p><\/p>\nShopify sales.\n<p><\/p>\n<p><strong>What marketing channels are most profitable for the business?<\/strong><\/p>\n<p><\/p>\n<p>Facebook ads.<\/p>\n<p><\/p>\n<p><strong>How does the business currently acquire customers and what is your breakdown for marketing costs?<\/strong><\/p>\n<p><\/p>\n<p>$20-$25<\/p>\n<p><\/p>\n<p><strong>How big is your current team? How many people does it take to run this business?<\/strong><\/p>\n<p><\/p>\nOnly me.\n<p><\/p>\n<p><strong>What\u2019s the reason for selling your business on Flippa?<\/strong><\/p>\n<p><\/p>\n<p>Ecom isn\u2019t my passion and my friend graduated college and has a corporate job who doesn\u2019t have time to work on the store.<\/p>\n<p><\/p>\n<p><\/p>\n<p><\/p>\n<p class=\"is-layout-flex wp-block-buttons-is-layout-flex\"><\/p>\n<a href=\"https:\/\/flippa.com\/10951045-shopify-dropshipping-business-my-friend-started-in-nov-2020-he-was-losing-money-and-wanted-to-quit-i-took-over-in-june-2021-read-specs-below\">VIEW THE LISTING ON FLIPPA<\/a>\n<p><\/p>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>Tell us a little about yourself. What\u2019s your background? How did you start the business? This is a general dropshipping store started by my friend back in Nov 2020, I took over starting in June 2021 because the store was not making money and my friend wanted to quit. In just 3 months I was [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":6888,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","inline_featured_image":false,"footnotes":""},"categories":[394],"tags":[],"dipi_cpt_category":[],"acf":[],"_links":{"self":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/posts\/6886"}],"collection":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/comments?post=6886"}],"version-history":[{"count":0,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/posts\/6886\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/media\/6888"}],"wp:attachment":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/media?parent=6886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/categories?post=6886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/tags?post=6886"},{"taxonomy":"dipi_cpt_category","embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/dipi_cpt_category?post=6886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}